The announcement of a moderately loose monetary policy in particular has drawn widespread attention. The last time monetary policy was moderately loose was in the 2008 to 2010 period after the global financial crisis. Policy researchers and economists predict that China may take unconventional monetary ...
The FOMC meets eight times a year to set the target federal funds rate range as part of its monetary policy. The committee uses various tools to push the effective federal funds rate into that target range. This rate serves as a benchmark for many other interest rates in the economy and ...
【定位】第一段第一句:When a group of Australians was asked why they believed climate change was not happening, about 36% said it was "common sense",according to a report published last year by the Commonwealth Scientific and Industrial Research Org...
Further, America's credit rating was downgraded by Standard & Poor's from AAA to AA+ for the first time since 1917 on Aug. 6 of that year. The Bipartisan Policy Center estimates that the debt-limit debate in 2011 increased U.S. borrowing costs by $18.9 billion. Related: How to Analyze...
A rapidly changing AI industry and still-elevated inflation are among developments investors are facing this year. Kate StalterJan. 30, 2025 Oil Stocks Closely Tied to Crude Prices These oil stocks have the highest correlation to crude prices. ...
Savings and Loan Crisis: Resolution As a result of the S&L crisis, Congress passed the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 (FIRREA), which amounted to a vast revamp of S&L industry regulations. One of the most significant actions of the FIRREA was the creati...
Chapter 13 is a three- or five-year court-approved repayment plan, based on your income and debts. If you are able to stick with the plan for its full term, the remaining unsecured debt is discharged. If you are able to keep up with payments (a majority of people are not), you ...
New housing starts have always been significantly behind demand, Cancel says, but the U.S. fell even further behind in housing supply during the financial crisis of 2008, when homebuilders saw demand drop as consumers began to fear overpaying for a crashing real estate market. "The last decad...
The last time Congress made a significant change was in 1983 when it raised the full retirement age to 67 for all Americans born in 1960 or later. The House Republican Study Committee is currently proposing another increase, this time to 69, done incrementally over an eight-year period ...
Austria to avoid a crack-up boom but could do nothing but sit back and watch as the German Reichsmark collapsed one year later. He was adamant that not keeping credit expansion in check could pave the way for a deadlier dose of hyperinflation that would eventually bring the economy to its...